0000023217 --05-31 Large Accelerated Filer 2020 Q3 false 2.00 2.00 2.00 true true true true P1Y P2Y P3Y P5Y P3Y 2.00 P5Y P3Y 2.00 P3Y 2.00 us-gaap:OtherAssetsNoncurrent us-gaap:OtherAccruedLiabilitiesCurrent us-gaap:OtherLiabilitiesNoncurrent us-gaap:PropertyPlantAndEquipmentNet us-gaap:LongTermDebtAndCapitalLeaseObligationsCurrent us-gaap:SeniorLongTermNotes P8Y6M P8Y2M12D 0 0000023217 2019-05-27 2020-02-23 xbrli:shares 0000023217 2020-02-23 iso4217:USD 0000023217 2019-11-25 2020-02-23 0000023217 2018-11-26 2019-02-24 0000023217 2018-05-28 2019-02-24 iso4217:USD xbrli:shares 0000023217 2019-05-26 0000023217 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember 2019-05-26 0000023217 2018-05-27 0000023217 2019-02-24 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:AccumulatedTranslationAdjustmentMember 2020-02-23 0000023217 us-gaap:AccumulatedTranslationAdjustmentMember 2019-05-26 0000023217 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-02-23 0000023217 us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2019-05-26 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2020-02-23 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-05-26 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-02-23 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-05-26 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-11-26 2019-02-24 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember 2018-11-26 2019-02-24 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember 2018-11-26 2019-02-24 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember cag:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember cag:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentMember 2018-11-26 2019-02-24 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember cag:AccumulatedDefinedBenefitPlansAdjustmentSettlementAttributabletoParentMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember cag:AccumulatedDefinedBenefitPlansAdjustmentSettlementAttributabletoParentMember 2018-11-26 2019-02-24 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2019-11-25 2020-02-23 0000023217 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-11-26 2019-02-24 0000023217 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceCostCreditMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetUnamortizedGainLossMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 cag:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 cag:AccumulatedDefinedBenefitPlansAdjustmentCurtailmentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 cag:AccumulatedDefinedBenefitPlansAdjustmentSettlementAttributabletoParentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 cag:AccumulatedDefinedBenefitPlansAdjustmentSettlementAttributabletoParentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2019-05-27 2020-02-23 0000023217 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember 2018-05-28 2019-02-24 0000023217 us-gaap:AccountingStandardsUpdate201602Member 2019-05-27 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-10-26 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-10-25 2018-10-26 0000023217 cag:PinnacleFoodsIncPinnacleMember 2019-05-27 2019-11-24 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-11-26 2019-02-24 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-05-28 2019-02-24 0000023217 cag:LenderBagelBusinessMember 2019-11-25 2020-02-23 0000023217 cag:LenderBagelBusinessMember us-gaap:SellingGeneralAndAdministrativeExpensesMember 2019-08-26 2019-11-24 0000023217 cag:LenderBagelBusinessMember us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember 2019-05-26 0000023217 cag:GroceryAndSnacksMember cag:DirectStoreDeliverySnacksBusinessMember 2019-08-26 2019-11-24 0000023217 cag:DirectStoreDeliverySnacksBusinessMember us-gaap:SellingGeneralAndAdministrativeExpensesMember 2019-05-27 2019-08-25 0000023217 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember cag:DirectStoreDeliverySnacksBusinessMember 2019-05-26 0000023217 cag:GelitMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2019-02-25 2019-05-26 0000023217 cag:WessonMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2019-02-25 2019-05-26 0000023217 cag:DelMonteBrandMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember cag:InternationalMember 2018-05-28 2018-08-26 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember 2019-05-27 2019-11-24 0000023217 us-gaap:DisposalGroupHeldforsaleNotDiscontinuedOperationsMember 2020-02-23 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2018-12-31 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2018-05-28 2019-02-24 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2018-11-26 2019-02-24 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:PinnacleIntegrationRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:AcceleratedDepreciationRelatedToCostOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:OtherNetMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2018-12-01 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-26 0000023217 us-gaap:ContractTerminationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-26 0000023217 cag:ConsultingAndProfessionalFeesMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-26 0000023217 cag:OtherCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-26 0000023217 cag:PinnacleIntegrationRestructuringPlanMember 2019-05-26 0000023217 us-gaap:ContractTerminationMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:ContractTerminationMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:OtherCostsMember cag:PinnacleIntegrationRestructuringPlanMember 2020-02-23 0000023217 cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:ConagraRestructuringPlanMember 2018-05-28 2019-02-24 0000023217 cag:ConagraRestructuringPlanMember 2018-11-26 2019-02-24 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:OtherNetMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:PensionAndPostretirementNonserviceCostIncomeMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:PensionAndPostretirementNonserviceCostIncomeMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:AcceleratedDepreciationMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:OtherCostofGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:CostsOfGoodsSoldMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:AssetImpairmentNetOfGainsOnDisposalMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:ContractAndLeaseTerminationExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:OtherNetMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:GroceryAndSnacksMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:InternationalMember us-gaap:OperatingSegmentsMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 us-gaap:CorporateNonSegmentMember cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:CostOfGoodsSoldAndSellingGeneraAndAdministrativeExpensesMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:PensionAndPostretirementNonserviceCostIncomeMember cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:ConagraRestructuringPlanMember 2019-02-01 2020-02-23 0000023217 cag:SeveranceAndRelatedCostsMember cag:ConagraRestructuringPlanMember 2019-05-26 0000023217 us-gaap:ContractTerminationMember cag:ConagraRestructuringPlanMember 2019-05-26 0000023217 cag:OtherCostsMember cag:ConagraRestructuringPlanMember 2019-05-26 0000023217 cag:ConagraRestructuringPlanMember 2019-05-26 0000023217 us-gaap:ContractTerminationMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 cag:OtherCostsMember cag:ConagraRestructuringPlanMember 2019-05-27 2020-02-23 0000023217 us-gaap:ContractTerminationMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:OtherCostsMember cag:ConagraRestructuringPlanMember 2020-02-23 0000023217 cag:SCAEPlanMember 2019-11-25 2020-02-23 0000023217 cag:SCAEPlanMember 2019-05-27 2020-02-23 0000023217 cag:SCAEPlanMember 2018-05-28 2019-02-24 0000023217 cag:SCAEPlanMember 2018-11-26 2019-02-24 0000023217 cag:SCAEPlanMember 2014-02-14 2020-02-23 0000023217 us-gaap:CostOfSalesMember cag:SCAEPlanMember 2014-02-14 2020-02-23 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember cag:SCAEPlanMember 2014-02-14 2020-02-23 0000023217 cag:PensionAndPostretirementNonserviceCostIncomeMember cag:SCAEPlanMember 2014-02-14 2020-02-23 0000023217 cag:SCAEPlanMember 2020-02-23 0000023217 us-gaap:RevolvingCreditFacilityMember 2020-02-23 0000023217 us-gaap:RevolvingCreditFacilityMember srt:MinimumMember 2019-05-27 2020-02-23 0000023217 us-gaap:RevolvingCreditFacilityMember srt:MaximumMember 2019-05-27 2020-02-23 0000023217 us-gaap:BridgeLoanMember 2018-08-26 0000023217 us-gaap:BridgeLoanMember us-gaap:InterestExpenseMember 2018-05-28 2018-11-25 0000023217 us-gaap:BridgeLoanMember us-gaap:SellingGeneralAndAdministrativeExpensesMember 2018-08-27 2018-11-25 0000023217 us-gaap:SeniorNotesMember cag:NewSeniorUnsecuredNotesMember 2018-11-25 0000023217 cag:FloatingRateNotesDueOctober222020Member us-gaap:SeniorNotesMember 2018-11-25 xbrli:pure 0000023217 cag:FloatingRateNotesDueOctober222020Member us-gaap:SeniorNotesMember 2018-08-27 2018-11-25 0000023217 cag:A38SeniorNotesDueOctober222021Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:A43SeniorNotesDueMay12024Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:A46SeniorNotesDueNovember12025Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:A485SeniorNotesDueNovember12028Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:A53SeniorNotesDueNovember12038Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:A54SeniorNotesDueNovember12048Member us-gaap:SeniorNotesMember 2018-11-25 0000023217 cag:ThreeYearTermLoansMaturingOnOctober262021Member us-gaap:UnsecuredDebtMember 2018-08-27 2018-11-25 0000023217 cag:FiveYearTermLoansMaturingOnOctober262023Member us-gaap:UnsecuredDebtMember 2018-08-27 2018-11-25 0000023217 cag:TermLoanCreditAgreementMember us-gaap:UnsecuredDebtMember 2018-08-27 2018-11-25 0000023217 cag:TermLoanCreditAgreementMember 2018-11-25 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-08-27 2018-11-25 0000023217 us-gaap:SeniorNotesMember cag:A5875SeniorNotesDueJanuary152024Member 2018-08-27 2018-11-25 0000023217 us-gaap:SeniorNotesMember cag:A5875SeniorNotesDueJanuary152024Member 2018-11-25 0000023217 cag:TermLoanCreditAgreementMember 2019-05-27 2019-08-25 0000023217 cag:ThreeYearTermLoansMaturingOnOctober262021Member 2019-05-27 2019-08-25 0000023217 cag:FiveYearTermLoansMaturingOnOctober262023Member 2019-05-27 2019-08-25 0000023217 cag:TermLoanCreditAgreementMember 2020-02-23 0000023217 cag:ThreeYearTermLoansMaturingOnOctober262021Member 2020-02-23 0000023217 cag:FiveYearTermLoansMaturingOnOctober262023Member 2020-02-23 0000023217 cag:FloatingRateNotesDueOctober222020Member us-gaap:SeniorNotesMember 2019-11-25 2020-02-23 0000023217 us-gaap:InterestRateSwapMember 2018-08-27 2018-11-25 0000023217 us-gaap:InterestExpenseMember 2019-11-25 2020-02-23 0000023217 us-gaap:InterestExpenseMember 2019-05-27 2020-02-23 0000023217 us-gaap:InterestExpenseMember 2018-11-26 2019-02-24 0000023217 us-gaap:InterestExpenseMember 2018-05-25 2019-02-24 0000023217 srt:ScenarioForecastMember 2020-08-30 0000023217 srt:ScenarioForecastMember 2022-11-27 0000023217 cag:GroceryAndSnacksMember 2019-05-26 0000023217 cag:RefrigeratedAndFrozenMember 2019-05-26 0000023217 cag:InternationalMember 2019-05-26 0000023217 cag:FoodserviceMember 2019-05-26 0000023217 cag:GroceryAndSnacksMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember 2019-05-27 2020-02-23 0000023217 cag:InternationalMember 2019-05-27 2020-02-23 0000023217 cag:FoodserviceMember 2019-05-27 2020-02-23 0000023217 cag:GroceryAndSnacksMember 2020-02-23 0000023217 cag:RefrigeratedAndFrozenMember 2020-02-23 0000023217 cag:InternationalMember 2020-02-23 0000023217 cag:FoodserviceMember 2020-02-23 0000023217 cag:GroceryAndSnacksMember cag:PinnacleFoodsIncPinnacleMember 2019-05-26 0000023217 cag:RefrigeratedAndFrozenMember cag:PinnacleFoodsIncPinnacleMember 2019-05-26 0000023217 cag:InternationalMember cag:PinnacleFoodsIncPinnacleMember 2019-05-26 0000023217 cag:FoodserviceMember cag:PinnacleFoodsIncPinnacleMember 2019-05-26 0000023217 cag:PinnacleFoodsIncPinnacleMember 2019-05-27 2020-02-23 0000023217 cag:DomesticReportingUnitsMember 2019-05-25 2019-05-26 0000023217 srt:MinimumMember cag:InternationalReportingUnitsMember 2019-05-25 2019-05-26 0000023217 srt:MaximumMember cag:InternationalReportingUnitsMember 2019-05-25 2019-05-26 0000023217 srt:MinimumMember 2019-05-25 2019-05-26 0000023217 srt:MaximumMember 2019-05-25 2019-05-26 0000023217 cag:OneInternationalReportingUnitMember 2019-05-25 2019-05-26 0000023217 cag:ThreeReportingUnitsMember 2019-05-26 0000023217 cag:RefrigeratedAndFrozenMember cag:SidesComponentsAndEnhancersReportingUnitMember 2019-05-26 0000023217 cag:InternationalMember country:CA 2019-05-26 0000023217 us-gaap:SellingGeneralAndAdministrativeExpensesMember us-gaap:TrademarksAndTradeNamesMember cag:RefrigeratedFrozenAndGrocerySnacksMember 2019-05-27 2020-02-23 0000023217 cag:CashFlowHedgePinnacleMember 2018-08-27 2018-11-25 0000023217 cag:CashFlowHedgePinnacleMember us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember 2020-02-23 0000023217 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2020-02-23 0000023217 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2019-05-26 0000023217 us-gaap:CommodityContractMember us-gaap:NondesignatedMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2020-02-23 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2020-02-23 0000023217 us-gaap:NondesignatedMember 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:NondesignatedMember cag:OtherAccruedLiabilitiesMember 2020-02-23 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:NondesignatedMember cag:OtherAccruedLiabilitiesMember 2020-02-23 0000023217 us-gaap:NondesignatedMember us-gaap:CommodityContractMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2019-05-26 0000023217 us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2019-05-26 0000023217 us-gaap:NondesignatedMember us-gaap:OtherContractMember us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2019-05-26 0000023217 us-gaap:NondesignatedMember 2019-05-26 0000023217 us-gaap:NondesignatedMember us-gaap:CommodityContractMember cag:OtherAccruedLiabilitiesMember 2019-05-26 0000023217 us-gaap:NondesignatedMember us-gaap:ForeignExchangeContractMember cag:OtherAccruedLiabilitiesMember 2019-05-26 0000023217 us-gaap:NondesignatedMember us-gaap:OtherContractMember cag:OtherAccruedLiabilitiesMember 2019-05-26 0000023217 us-gaap:CommodityContractMember us-gaap:CostOfSalesMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:CostOfSalesMember 2018-11-26 2019-02-24 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:CostOfSalesMember 2019-11-25 2020-02-23 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:CostOfSalesMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:CostOfSalesMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:CostOfSalesMember 2018-05-28 2019-02-24 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:CostOfSalesMember 2019-05-27 2020-02-23 0000023217 us-gaap:ForeignExchangeContractMember us-gaap:CostOfSalesMember 2018-05-28 2019-02-24 0000023217 us-gaap:LongMember us-gaap:CommodityContractMember 2020-02-23 0000023217 us-gaap:LongMember us-gaap:CommodityContractMember 2019-05-26 0000023217 us-gaap:ShortMember us-gaap:CommodityContractMember 2020-02-23 0000023217 us-gaap:ShortMember us-gaap:CommodityContractMember 2019-05-26 0000023217 us-gaap:ForeignExchangeContractMember 2020-02-23 0000023217 us-gaap:ForeignExchangeContractMember 2019-05-26 0000023217 us-gaap:RestrictedStockMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember 2019-05-27 2020-02-23 0000023217 us-gaap:StockAppreciationRightsSARSMember cag:PinnacleFoodsIncPinnacleMember 2018-08-27 2018-11-25 0000023217 cag:PinnacleFoodsIncPinnacleMember 2020-02-23 0000023217 cag:PinnacleFoodsIncPinnacleMember 2018-11-25 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2020Member 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2021Member 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2022Member 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2020Member srt:MinimumMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2020Member srt:MaximumMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2021Member srt:MinimumMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2021Member srt:MaximumMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2022Member srt:MinimumMember 2019-05-27 2020-02-23 0000023217 us-gaap:PerformanceSharesMember cag:Fiscal2022Member srt:MaximumMember 2019-05-27 2020-02-23 0000023217 cag:UnderwrittenPublicOfferingMember 2018-08-27 2018-11-25 0000023217 us-gaap:EmployeeStockOptionMember 2019-11-25 2020-02-23 0000023217 us-gaap:EmployeeStockOptionMember 2019-05-27 2020-02-23 0000023217 us-gaap:EmployeeStockOptionMember 2018-11-26 2019-02-24 0000023217 us-gaap:EmployeeStockOptionMember 2018-05-28 2019-02-24 0000023217 us-gaap:SegmentDiscontinuedOperationsMember 2020-02-23 0000023217 us-gaap:SegmentDiscontinuedOperationsMember 2019-05-26 0000023217 cag:PinnacleIntegrationRestructuringPlanMember us-gaap:SellingGeneralAndAdministrativeExpensesMember 2019-05-27 2020-02-23 0000023217 2018-05-28 2019-05-26 cag:suit 0000023217 stpr:IL 2019-05-27 2020-02-23 cag:defendant 0000023217 cag:BeatriceMember stpr:CA 2014-01-27 2014-01-27 0000023217 cag:BeatriceMember stpr:CA 2014-01-27 0000023217 cag:BeatriceMember stpr:CA 2018-09-04 0000023217 cag:BeatriceMember stpr:CA 2019-07-24 2019-07-24 cag:Installment 0000023217 cag:BeatriceMember stpr:CA 2019-07-24 0000023217 cag:BeatriceMember stpr:CA srt:MaximumMember 2019-07-24 2019-07-24 0000023217 cag:BeatriceMember stpr:CA cag:OtherAccruedLiabilitiesMember srt:MinimumMember 2020-02-23 0000023217 cag:BeatriceMember stpr:CA us-gaap:OtherNoncurrentLiabilitiesMember srt:MinimumMember 2020-02-23 cag:site 0000023217 cag:BeatriceMember 2019-05-27 2020-02-23 0000023217 cag:BeatriceMember 2020-02-23 0000023217 cag:PerformanceAndPaymentGuaranteeMember 2020-02-23 cag:period 0000023217 cag:LambWestonHoldingsIncMember 2019-05-27 2020-02-23 0000023217 cag:LambWestonHoldingsIncMember 2020-02-23 0000023217 us-gaap:PaymentGuaranteeMember 2020-02-23 0000023217 us-gaap:PropertyLeaseGuaranteeMember 2020-02-23 0000023217 us-gaap:PaymentGuaranteeMember 2019-05-27 2020-02-23 0000023217 us-gaap:PropertyLeaseGuaranteeMember 2019-05-27 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:DiscontinuedOperationsDisposedOfByMeansOtherThanSaleSpinoffMember 2019-08-25 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:DiscontinuedOperationsDisposedOfByMeansOtherThanSaleSpinoffMember 2019-05-26 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:DiscontinuedOperationsDisposedOfByMeansOtherThanSaleSpinoffMember 2019-05-27 2019-08-25 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2019-11-25 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2019-11-24 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2019-12-31 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2020-01-31 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2020-01-31 2020-01-31 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2018-11-26 2019-02-24 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2019-05-27 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2018-05-28 2019-02-24 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:MultiemployerPlansPensionMember 2019-11-25 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:MultiemployerPlansPensionMember 2018-11-26 2019-02-24 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:MultiemployerPlansPensionMember 2019-05-27 2020-02-23 0000023217 us-gaap:PensionPlansDefinedBenefitMember us-gaap:MultiemployerPlansPensionMember 2018-05-28 2019-02-24 0000023217 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-11-25 2020-02-23 0000023217 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-11-26 2019-02-24 0000023217 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2019-05-27 2020-02-23 0000023217 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2018-05-28 2019-02-24 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2019-05-27 2019-05-27 0000023217 us-gaap:PensionPlansDefinedBenefitMember 2020-02-01 2020-02-23 0000023217 us-gaap:OtherPostretirementBenefitPlansDefinedBenefitMember 2020-02-23 0000023217 us-gaap:CommonStockMember 2019-05-26 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-05-26 0000023217 us-gaap:RetainedEarningsMember 2019-05-26 0000023217 us-gaap:TreasuryStockMember 2019-05-26 0000023217 us-gaap:NoncontrollingInterestMember 2019-05-26 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-05-27 2019-08-25 0000023217 us-gaap:RetainedEarningsMember 2019-05-27 2019-08-25 0000023217 us-gaap:TreasuryStockMember 2019-05-27 2019-08-25 0000023217 us-gaap:NoncontrollingInterestMember 2019-05-27 2019-08-25 0000023217 2019-05-27 2019-08-25 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-05-27 2019-08-25 0000023217 us-gaap:CommonStockMember 2019-08-25 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-08-25 0000023217 us-gaap:RetainedEarningsMember 2019-08-25 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-08-25 0000023217 us-gaap:TreasuryStockMember 2019-08-25 0000023217 us-gaap:NoncontrollingInterestMember 2019-08-25 0000023217 2019-08-25 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-08-26 2019-11-24 0000023217 us-gaap:RetainedEarningsMember 2019-08-26 2019-11-24 0000023217 us-gaap:TreasuryStockMember 2019-08-26 2019-11-24 0000023217 2019-08-26 2019-11-24 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-08-26 2019-11-24 0000023217 us-gaap:NoncontrollingInterestMember 2019-08-26 2019-11-24 0000023217 us-gaap:CommonStockMember 2019-11-24 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-11-24 0000023217 us-gaap:RetainedEarningsMember 2019-11-24 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-11-24 0000023217 us-gaap:TreasuryStockMember 2019-11-24 0000023217 us-gaap:NoncontrollingInterestMember 2019-11-24 0000023217 2019-11-24 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-11-25 2020-02-23 0000023217 us-gaap:RetainedEarningsMember 2019-11-25 2020-02-23 0000023217 us-gaap:TreasuryStockMember 2019-11-25 2020-02-23 0000023217 us-gaap:NoncontrollingInterestMember 2019-11-25 2020-02-23 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommonStockMember 2020-02-23 0000023217 us-gaap:AdditionalPaidInCapitalMember 2020-02-23 0000023217 us-gaap:RetainedEarningsMember 2020-02-23 0000023217 us-gaap:TreasuryStockMember 2020-02-23 0000023217 us-gaap:NoncontrollingInterestMember 2020-02-23 0000023217 us-gaap:CommonStockMember 2018-05-27 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-05-27 0000023217 us-gaap:RetainedEarningsMember 2018-05-27 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-05-27 0000023217 us-gaap:TreasuryStockMember 2018-05-27 0000023217 us-gaap:NoncontrollingInterestMember 2018-05-27 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-05-28 2018-08-26 0000023217 us-gaap:RetainedEarningsMember 2018-05-28 2018-08-26 0000023217 us-gaap:TreasuryStockMember 2018-05-28 2018-08-26 0000023217 us-gaap:NoncontrollingInterestMember 2018-05-28 2018-08-26 0000023217 2018-05-28 2018-08-26 0000023217 us-gaap:AccountingStandardsUpdate201601Member us-gaap:RetainedEarningsMember 2018-08-26 0000023217 us-gaap:AccountingStandardsUpdate201601Member us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-26 0000023217 us-gaap:AccountingStandardsUpdate201601Member 2018-08-26 0000023217 us-gaap:AccountingStandardsUpdate201409Member us-gaap:RetainedEarningsMember 2018-08-26 0000023217 us-gaap:AccountingStandardsUpdate201409Member 2018-08-26 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-05-28 2018-08-26 0000023217 us-gaap:CommonStockMember 2018-08-26 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-08-26 0000023217 us-gaap:RetainedEarningsMember 2018-08-26 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-26 0000023217 us-gaap:TreasuryStockMember 2018-08-26 0000023217 us-gaap:NoncontrollingInterestMember 2018-08-26 0000023217 2018-08-26 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-08-27 2018-11-25 0000023217 us-gaap:RetainedEarningsMember 2018-08-27 2018-11-25 0000023217 us-gaap:TreasuryStockMember 2018-08-27 2018-11-25 0000023217 2018-08-27 2018-11-25 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-08-27 2018-11-25 0000023217 us-gaap:NoncontrollingInterestMember 2018-08-27 2018-11-25 0000023217 us-gaap:CommonStockMember 2018-08-27 2018-11-25 0000023217 us-gaap:CommonStockMember 2018-11-25 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-11-25 0000023217 us-gaap:RetainedEarningsMember 2018-11-25 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-11-25 0000023217 us-gaap:TreasuryStockMember 2018-11-25 0000023217 us-gaap:NoncontrollingInterestMember 2018-11-25 0000023217 2018-11-25 0000023217 us-gaap:AdditionalPaidInCapitalMember 2018-11-26 2019-02-24 0000023217 us-gaap:RetainedEarningsMember 2018-11-26 2019-02-24 0000023217 us-gaap:TreasuryStockMember 2018-11-26 2019-02-24 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-11-26 2019-02-24 0000023217 us-gaap:NoncontrollingInterestMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommonStockMember 2019-02-24 0000023217 us-gaap:AdditionalPaidInCapitalMember 2019-02-24 0000023217 us-gaap:RetainedEarningsMember 2019-02-24 0000023217 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-02-24 0000023217 us-gaap:TreasuryStockMember 2019-02-24 0000023217 us-gaap:NoncontrollingInterestMember 2019-02-24 0000023217 us-gaap:FairValueInputsLevel1Member 2020-02-23 0000023217 us-gaap:FairValueInputsLevel2Member 2020-02-23 0000023217 us-gaap:FairValueInputsLevel3Member 2020-02-23 0000023217 us-gaap:FairValueInputsLevel1Member 2019-05-26 0000023217 us-gaap:FairValueInputsLevel2Member 2019-05-26 0000023217 us-gaap:FairValueInputsLevel3Member 2019-05-26 0000023217 cag:RefrigeratedAndFrozenMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember 2019-05-27 2019-11-24 0000023217 cag:RefrigeratedAndFrozenMember 2019-05-27 2019-11-24 0000023217 us-gaap:CorporateMember 2019-05-27 2019-11-24 0000023217 cag:GroceryAndSnacksMember 2019-05-27 2019-08-25 0000023217 cag:RefrigeratedAndFrozenMember 2019-05-27 2019-08-25 0000023217 us-gaap:CorporateMember 2018-11-26 2019-02-24 0000023217 us-gaap:CorporateMember 2018-05-28 2019-02-24 cag:segment 0000023217 cag:GroceryAndSnacksMember 2019-11-25 2020-02-23 0000023217 cag:GroceryAndSnacksMember 2018-11-26 2019-02-24 0000023217 cag:GroceryAndSnacksMember 2018-05-28 2019-02-24 0000023217 cag:RefrigeratedAndFrozenMember 2018-11-26 2019-02-24 0000023217 cag:RefrigeratedAndFrozenMember 2018-05-28 2019-02-24 0000023217 cag:InternationalMember 2019-11-25 2020-02-23 0000023217 cag:InternationalMember 2018-11-26 2019-02-24 0000023217 cag:InternationalMember 2018-05-28 2019-02-24 0000023217 cag:FoodserviceMember 2019-11-25 2020-02-23 0000023217 cag:FoodserviceMember 2018-11-26 2019-02-24 0000023217 cag:FoodserviceMember 2018-05-28 2019-02-24 0000023217 cag:FrozenMember 2019-11-25 2020-02-23 0000023217 cag:FrozenMember 2018-11-26 2019-02-24 0000023217 cag:FrozenMember 2019-05-27 2020-02-23 0000023217 cag:FrozenMember 2018-05-28 2019-02-24 0000023217 cag:OtherShelfStableMember 2019-11-25 2020-02-23 0000023217 cag:OtherShelfStableMember 2018-11-26 2019-02-24 0000023217 cag:OtherShelfStableMember 2019-05-27 2020-02-23 0000023217 cag:OtherShelfStableMember 2018-05-28 2019-02-24 0000023217 cag:SnacksMember 2019-11-25 2020-02-23 0000023217 cag:SnacksMember 2018-11-26 2019-02-24 0000023217 cag:SnacksMember 2019-05-27 2020-02-23 0000023217 cag:SnacksMember 2018-05-28 2019-02-24 0000023217 cag:BrandedAndCustomizedFoodProductsMember 2019-11-25 2020-02-23 0000023217 cag:BrandedAndCustomizedFoodProductsMember 2018-11-26 2019-02-24 0000023217 cag:BrandedAndCustomizedFoodProductsMember 2019-05-27 2020-02-23 0000023217 cag:BrandedAndCustomizedFoodProductsMember 2018-05-28 2019-02-24 0000023217 cag:InternationalBrandedFoodProductsMember 2019-11-25 2020-02-23 0000023217 cag:InternationalBrandedFoodProductsMember 2018-11-26 2019-02-24 0000023217 cag:InternationalBrandedFoodProductsMember 2019-05-27 2020-02-23 0000023217 cag:InternationalBrandedFoodProductsMember 2018-05-28 2019-02-24 0000023217 cag:RefrigeratedMember 2019-11-25 2020-02-23 0000023217 cag:RefrigeratedMember 2018-11-26 2019-02-24 0000023217 cag:RefrigeratedMember 2019-05-27 2020-02-23 0000023217 cag:RefrigeratedMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:CorporateNonSegmentMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:CorporateNonSegmentMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:CorporateNonSegmentMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:CorporateNonSegmentMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:GroceryAndSnacksMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:GroceryAndSnacksMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:GroceryAndSnacksMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:GroceryAndSnacksMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:RefrigeratedAndFrozenMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:RefrigeratedAndFrozenMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:RefrigeratedAndFrozenMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:RefrigeratedAndFrozenMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:InternationalMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:InternationalMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:InternationalMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:InternationalMember 2018-05-28 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:FoodserviceMember 2019-11-25 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:FoodserviceMember 2018-11-26 2019-02-24 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:FoodserviceMember 2019-05-27 2020-02-23 0000023217 us-gaap:CommodityContractMember us-gaap:OperatingSegmentsMember cag:FoodserviceMember 2018-05-28 2019-02-24 0000023217 us-gaap:NonUsMember 2019-11-25 2020-02-23 0000023217 us-gaap:NonUsMember 2018-11-26 2019-02-24 0000023217 us-gaap:NonUsMember 2019-05-27 2020-02-23 0000023217 us-gaap:NonUsMember 2018-05-28 2019-02-24 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:RevenueFromContractWithCustomerProductAndServiceBenchmarkMember 2019-11-25 2020-02-23 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:RevenueFromContractWithCustomerProductAndServiceBenchmarkMember 2019-05-27 2020-02-23 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:RevenueFromContractWithCustomerProductAndServiceBenchmarkMember 2018-11-26 2019-02-24 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:RevenueFromContractWithCustomerProductAndServiceBenchmarkMember 2018-05-28 2019-02-24 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:AccountsReceivableMember 2019-11-25 2020-02-23 0000023217 us-gaap:CustomerConcentrationRiskMember cag:WalMartStoresIncAndAffiliatesMember us-gaap:AccountsReceivableMember 2018-05-28 2019-05-26

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

(Mark One)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended February 23, 2020

OR

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from                 to

Commission File Number: 1-7275

 

CONAGRA BRANDS, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

47-0248710

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

 

 

222 W. Merchandise Mart Plaza, Suite 1300

Chicago, Illinois

 

60654

(Address of principal executive offices)

 

(Zip Code)

 

(312) 549-5000

(Registrant's telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, $5.00 par value

 

CAG

 

New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes      No  

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes       No  

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer   Accelerated filer   Non-accelerated filer      Smaller reporting company   Emerging growth company    

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes      No  

Number of shares outstanding of issuer's common stock, as of February 23, 2020, was 487,076,305.

 

 


 

Table of Contents

 

Part I. FINANCIAL INFORMATION

 

1

 

 

 

Item 1

 

Financial Statements

 

1

 

 

 

 

 

 

 

Unaudited Condensed Consolidated Statements of Earnings for the Thirteen and Thirty-nine Weeks ended February 23, 2020 and February 24, 2019

 

1

 

 

 

 

 

 

 

Unaudited Condensed Consolidated Statements of Comprehensive Income for the Thirteen and Thirty-nine Weeks ended February 23, 2020 and February 24, 2019

 

2

 

 

 

 

 

 

 

Unaudited Condensed Consolidated Balance Sheets as of February 23, 2020 and May 26, 2019

 

3

 

 

 

 

 

 

 

Unaudited Condensed Consolidated Statements of Cash Flows for the Thirty-nine Weeks ended February 23, 2020 and February 24, 2019

 

4

 

 

 

 

 

 

 

Notes to Unaudited Condensed Consolidated Financial Statements

 

5

 

 

 

 

 

Item 2

 

Management's Discussion and Analysis of Financial Condition and Results of Operations

 

34

 

 

 

 

 

Item 3

 

Quantitative and Qualitative Disclosures About Market Risk

 

47

 

 

 

 

 

Item 4

 

Controls and Procedures

 

48

 

 

 

 

 

Part II. OTHER INFORMATION

 

49

 

 

 

Item 1

 

Legal Proceedings

 

49

 

 

 

 

 

Item 1A

 

Risk Factors

 

49

 

 

 

 

 

Item 6

 

Exhibits

 

51

 

 

 

 

 

Signatures

 

 

 

52

 

 

 

 

 

Exhibit 31.1

 

 

 

 

Exhibit 31.2

 

 

 

 

Exhibit 32

 

 

 

 

Exhibit 101

Exhibit 104

 

 

 

 

 

 


 

PART I — FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Conagra Brands, Inc. and Subsidiaries

Condensed Consolidated Statements of Earnings

(in millions except per share amounts)

(unaudited)

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

February 23,

2020

 

 

February 24,

2019

 

 

February 23,

2020

 

 

February 24,

2019

 

Net sales

 

$

2,555.0

 

 

$

2,707.1

 

 

$

7,766.5

 

 

$

6,925.2

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of goods sold

 

 

1,870.6

 

 

 

1,954.8

 

 

 

5,619.7

 

 

 

4,980.2

 

Selling, general and administrative expenses

 

 

319.9

 

 

 

334.1

 

 

 

1,090.5

 

 

 

1,078.7

 

Pension and postretirement non-service income

 

 

(16.4

)

 

 

(9.8

)

 

 

(37.2

)

 

 

(29.7

)

Interest expense, net

 

 

117.7

 

 

 

130.9

 

 

 

361.8

 

 

 

260.5

 

Income from continuing operations before income taxes and equity method investment earnings

 

 

263.2

 

 

 

297.1

 

 

 

731.7

 

 

 

635.5

 

Income tax expense

 

 

68.9

 

 

 

67.2

 

 

 

141.5

 

 

 

147.0

 

Equity method investment earnings

 

 

10.4

 

 

 

12.7

 

 

 

50.3

 

 

 

66.6

 

Income from continuing operations

 

 

204.7

 

 

 

242.6

 

 

 

640.5

 

 

 

555.1

 

Loss from discontinued operations, net of tax

 

 

 

 

 

 

 

 

 

 

 

(1.9

)

Net income

 

$

204.7

 

 

$

242.6

 

 

$

640.5

 

 

$

553.2

 

Less: Net income attributable to noncontrolling interests

 

 

0.3

 

 

 

0.6

 

 

 

1.8

 

 

 

1.4

 

Net income attributable to Conagra Brands, Inc.

 

$

204.4

 

 

$

242.0

 

 

$

638.7

 

 

$

551.8

 

Earnings per share — basic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to Conagra Brands, Inc. common stockholders

 

$

0.42

 

 

$

0.50

 

 

$

1.31

 

 

$

1.28

 

Income from discontinued operations attributable to Conagra Brands, Inc. common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Conagra Brands, Inc. common stockholders

 

$

0.42

 

 

$

0.50

 

 

$

1.31

 

 

$

1.28

 

Earnings per share — diluted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to Conagra Brands, Inc. common stockholders

 

$

0.42

 

 

$

0.50

 

 

$

1.31

 

 

$

1.28

 

Loss from discontinued operations attributable to Conagra Brands, Inc. common stockholders

 

 

 

 

 

 

 

 

 

 

 

(0.01

)

Net income attributable to Conagra Brands, Inc. common stockholders

 

$

0.42

 

 

$

0.50

 

 

$

1.31

 

 

$

1.27

 

 

See Notes to the Condensed Consolidated Financial Statements.

 

1


 

Conagra Brands, Inc. and Subsidiaries

Condensed Consolidated Statements of Comprehensive Income

(in millions)

(unaudited)

 

 

 

Thirteen weeks ended

 

 

 

February 23, 2020

 

 

February 24, 2019

 

 

 

Pre-Tax

Amount

 

 

Tax

(Expense)

Benefit

 

 

After-

Tax

Amount

 

 

Pre-Tax

Amount

 

 

Tax

(Expense)

Benefit

 

 

After-

Tax

Amount

 

Net income

 

$

273.6

 

 

$

(68.9

)

 

$

204.7

 

 

$

309.8

 

 

$

(67.2

)

 

$

242.6

 

Other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized derivative adjustments

 

 

(0.3

)

 

 

0.1

 

 

 

(0.2

)

 

 

(1.8

)

 

 

0.4

 

 

 

(1.4

)

Reclassification for derivative adjustments included in net income

 

 

(0.9

)

 

 

0.2

 

 

 

(0.7

)

 

 

(0.9

)

 

 

0.3

 

 

 

(0.6

)

Unrealized currency translation gains

 

 

3.7

 

 

 

0.1

 

 

 

3.8

 

 

 

7.4

 

 

 

 

 

 

7.4

 

Pension and post-employment benefit obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized pension and post-employment benefit obligations

 

 

77.6

 

 

 

(19.4

)

 

 

58.2

 

 

 

 

 

 

 

 

 

 

Reclassification for pension and post-employment benefit obligations included in net income

 

 

(2.8

)

 

 

0.6

 

 

 

(2.2

)

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Comprehensive income

 

 

350.9

 

 

 

(87.3

)

 

 

263.6

 

 

 

314.4

 

 

 

(66.5

)

 

 

247.9

 

Comprehensive income attributable to noncontrolling interests

 

 

0.4

 

 

 

(0.2

)

 

 

0.2

 

 

 

0.4

 

 

 

(0.3

)

 

 

0.1

 

Comprehensive income attributable to Conagra Brands, Inc.

 

$

350.5

 

 

$

(87.1

)

 

$

263.4

 

 

$

314.0

 

 

$

(66.2

)

 

$

247.8

 

 

 

 

Thirty-nine weeks ended

 

 

 

February 23, 2020

 

 

February 24, 2019

 

 

 

Pre-Tax

Amount

 

 

Tax

(Expense)

Benefit

 

 

After-

Tax

Amount

 

 

Pre-Tax

Amount

 

 

Tax

(Expense)

Benefit

 

 

After-

Tax

Amount

 

Net income

 

$

782.0

 

 

$

(141.5

)

 

$

640.5

 

 

$

703.0

 

 

$

(149.8

)

 

$

553.2

 

Other comprehensive income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized derivative adjustments

 

 

(3.0

)

 

 

0.8

 

 

 

(2.2

)

 

 

46.2

 

 

 

(11.6

)

 

 

34.6

 

Reclassification for derivative adjustments included in net income

 

 

(2.5

)

 

 

0.6

 

 

 

(1.9

)

 

 

(1.1

)

 

 

0.3

 

 

 

(0.8

)

Unrealized currency translation losses

 

 

(5.0

)

 

 

0.7

 

 

 

(4.3

)

 

 

(11.3

)

 

 

 

 

 

(11.3

)

Pension and post-employment benefit obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized pension and post-employment benefit obligations

 

 

62.8

 

 

 

(15.7

)

 

 

47.1

 

 

 

(0.4

)

 

 

 

 

 

(0.4

)

Reclassification for pension and post-employment benefit obligations included in net income

 

 

(4.2

)

 

 

1.0

 

 

 

(3.2

)

 

 

(0.5

)

 

 

0.1

 

 

 

(0.4

)

Comprehensive income

 

 

830.1

 

 

 

(154.1

)

 

 

676.0

 

 

 

735.9

 

 

 

(161.0

)

 

 

574.9

 

Comprehensive loss attributable to noncontrolling interests

 

 

(0.7

)

 

 

(0.3

)

 

 

(1.0

)

 

 

(1.4

)

 

 

(0.9

)

 

 

(2.3

)

Comprehensive income attributable to Conagra Brands, Inc.

 

$

830.8

 

 

$

(153.8

)

 

$

677.0

 

 

$

737.3

 

 

$

(160.1

)

 

$

577.2

 

 

See Notes to the Condensed Consolidated Financial Statements.

2


 

Conagra Brands, Inc. and Subsidiaries

Condensed Consolidated Balance Sheets

(in millions except share data)

(unaudited)

 

 

 

February 23,

2020

 

 

May 26,

2019

 

ASSETS

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

99.0

 

 

$

236.6

 

Receivables, less allowance for doubtful accounts of $2.0 and $2.2

 

 

854.2

 

 

 

818.2

 

Inventories

 

 

1,646.5

 

 

 

1,548.9

 

Prepaid expenses and other current assets

 

 

105.0

 

 

 

93.4

 

Current assets held for sale

 

 

4.7

 

 

 

36.7

 

Total current assets

 

 

2,709.4

 

 

 

2,733.8

 

Property, plant and equipment

 

 

5,078.7

 

 

 

4,906.3

 

Less accumulated depreciation

 

 

(2,760.9

)

 

 

(2,578.9

)

Property, plant and equipment, net

 

 

2,317.8

 

 

 

2,327.4

 

Goodwill

 

 

11,443.1

 

 

 

11,435.4

 

Brands, trademarks and other intangibles, net

 

 

4,479.4

 

 

 

4,539.3

 

Other assets

 

 

1,249.3

 

 

 

915.5

 

Noncurrent assets held for sale

 

 

3.1

 

 

 

262.4

 

 

 

$

22,202.1

 

 

$

22,213.8

 

LIABILITIES AND STOCKHOLDERS' EQUITY

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

Notes payable

 

$

0.8

 

 

$

1.0

 

Current installments of long-term debt

 

 

923.8

 

 

 

20.6

 

Accounts payable

 

 

1,357.4

 

 

 

1,252.1

 

Accrued payroll

 

 

133.6

 

 

 

173.2

 

Other accrued liabilities

 

 

711.5

 

 

 

690.6

 

Current liabilities held for sale

 

 

 

 

 

5.1

 

Total current liabilities

 

 

3,127.1

 

 

 

2,142.6

 

Senior long-term debt, excluding current installments

 

 

8,897.8

 

 

 

10,459.8

 

Subordinated debt

 

 

195.9

 

 

 

195.9

 

Other noncurrent liabilities

 

 

2,117.4

 

 

 

1,951.8

 

Total liabilities

 

 

14,338.2

 

 

 

14,750.1

 

Common stockholders' equity

 

 

 

 

 

 

 

 

Common stock of $5 par value, authorized 1,200,000,000 shares;

   issued 584,219,229

 

 

2,921.2

 

 

 

2,921.2

 

Additional paid-in capital

 

 

2,293.0

 

 

 

2,286.0

 

Retained earnings

 

 

5,375.2

 

 

 

5,047.9

 

Accumulated other comprehensive loss

 

 

(72.0

)

 

 

(110.3

)

Less treasury stock, at cost, 97,142,924 and 98,133,747 common shares

 

 

(2,732.4

)

 

 

(2,760.2

)

Total Conagra Brands, Inc. common stockholders' equity

 

 

7,785.0

 

 

 

7,384.6

 

Noncontrolling interests

 

 

78.9

 

 

 

79.1

 

Total stockholders' equity

 

 

7,863.9

 

 

 

7,463.7

 

 

 

$

22,202.1

 

 

$

22,213.8

 

 

See Notes to the Condensed Consolidated Financial Statements.

 

3


 

Conagra Brands, Inc. and Subsidiaries

Condensed Consolidated Statements of Cash Flows

(in millions)

(unaudited)

 

 

Thirty-nine weeks ended

 

 

 

February 23,

2020

 

 

February 24,

2019

 

Cash flows from operating activities:

 

 

 

 

 

 

 

 

Net income

 

$

640.5

 

 

$

553.2

 

Loss from discontinued operations

 

 

 

 

 

(1.9

)

Income from continuing operations

 

 

640.5

 

 

 

555.1

 

Adjustments to reconcile net income to net cash flows from operating activities:

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

292.5

 

 

 

232.6

 

Asset impairment charges

 

 

113.5

 

 

 

3.0

 

Loss (gain) on divestiture

 

 

2.2

 

 

 

(13.2

)

Earnings of affiliates in excess of distributions

 

 

(15.8

)

 

 

(23.4

)

Stock-settled share-based payments expense

 

 

29.0

 

 

 

22.5

 

Contributions to pension plans

 

 

(11.0

)

 

 

(11.5

)

Pension benefit

 

 

(25.8

)

 

 

(21.0

)

Proceeds from settlement of interest rate swaps

 

 

 

 

 

47.5

 

Novation of a legacy guarantee

 

 

 

 

 

(27.3

)

Other items

 

 

12.1

 

 

 

25.4

 

Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:

 

 

 

 

 

 

 

 

Receivables

 

 

(37.2

)

 

 

(108.4

)

Inventories

 

 

(104.6

)

 

 

13.0

 

Deferred income taxes and income taxes payable, net

 

 

(33.3

)

 

 

39.3

 

Prepaid expenses and other current assets

 

 

(14.6

)

 

 

(20.0

)

Accounts payable

 

 

116.4

 

 

 

(15.6

)

Accrued payroll

 

 

(40.0

)

 

 

(9.0

)

Other accrued liabilities

 

 

(17.4

)

 

 

56.1

 

Net cash flows from operating activities — continuing operations

 

 

906.5

 

 

 

745.1

 

Net cash flows from operating activities — discontinued operations

 

 

 

 

 

11.2

 

Net cash flows from operating activities

 

 

906.5

 

 

 

756.3

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

Additions to property, plant and equipment

 

 

(265.3

)

 

 

(236.1

)

Sale of property, plant and equipment

 

 

8.7

 

 

 

18.7

 

Purchase of marketable securities

 

 

(37.9

)

 

 

 

Sale of marketable securities

 

 

43.1

 

 

 

 

Purchase of businesses, net of cash acquired

 

 

 

 

 

(5,119.2

)

Proceeds from divestitures, net of cash divested

 

 

191.4

 

 

 

32.2

 

Other items

 

 

0.1

 

 

 

0.1

 

Net cash flows from investing activities

 

 

(59.9

)

 

 

(5,304.3

)

Cash flows from financing activities:

 

 

 

 

 

 

 

 

Net short-term borrowings

 

 

(0.1

)

 

 

(278.3

)

Issuance of long-term debt

 

 

 

 

 

8,310.5

 

Repayment of long-term debt

 

 

(665.9

)

 

 

(3,517.1

)

Debt issuance costs and bridge financing fees

 

 

 

 

 

(95.2

)

Payment of intangible asset financing arrangement

 

 

(13.6

)

 

 

(14.0

)

Issuance of Conagra Brands, Inc. common shares, net

 

 

 

 

 

555.7

 

Cash dividends paid

 

 

(310.1

)

 

 

(253.0

)

Exercise of stock options and issuance of other stock awards, including tax withholdings

 

 

4.3

 

 

 

(4.1

)

Other items

 

 

0.8

 

 

 

0.9

 

Net cash flows from financing activities

 

 

(984.6

)

 

 

4,705.4

 

Effect of exchange rate changes on cash and cash equivalents and restricted cash

 

 

0.4

 

 

 

(3.2

)

Net change in cash and cash equivalents and restricted cash

 

 

(137.6

)

 

 

154.2

 

Cash and cash equivalents and restricted cash at beginning of period

 

 

237.6

 

 

 

129.0

 

Cash and cash equivalents and restricted cash at end of period

 

$

100.0

 

 

$

283.2

 

 

See Notes to the Condensed Consolidated Financial Statements.

4


 

Conagra Brands, Inc. and Subsidiaries

Notes to Condensed Consolidated Financial Statements

(columnar dollars in millions except per share amounts)

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The unaudited financial information reflects all adjustments, which are, in the opinion of management, necessary for a fair presentation of the results of operations, financial position, and cash flows for the periods presented. The adjustments are of a normal recurring nature, except as otherwise noted. These Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and related notes included in the Conagra Brands, Inc. (the "Company", "Conagra Brands", "we", "us", or "our") Annual Report on Form 10-K for the fiscal year ended May 26, 2019.

The results of operations for any quarter or a partial fiscal year period are not necessarily indicative of the results to be expected for other periods or the full fiscal year.

Basis of Consolidation — The Condensed Consolidated Financial Statements include the accounts of Conagra Brands and all majority-owned subsidiaries. All significant intercompany investments, accounts, and transactions have been eliminated.

Revenue Recognition — Our revenues primarily consist of the sale of food products which are sold to retailers and foodservice customers through direct sales forces, broker, and distributor arrangements. These revenue contracts generally have single performance obligations. Revenue, which includes shipping and handling charges billed to the customer, is reported net of variable consideration and consideration payable to our customers, including applicable discounts, returns, allowances, trade promotion, consumer coupon redemption, unsaleable product, and other costs. Amounts billed and due from our customers are classified as receivables and require payment on a short-term basis and, therefore, we do not have any significant financing components.

We recognize revenue when (or as) performance obligations are satisfied by transferring control of the goods to customers. Control is transferred upon delivery of the goods to the customer. Shipping and/or handling costs that occur before the customer obtains control of the goods are deemed to be fulfillment activities and are accounted for as fulfillment costs. We assess the goods and services promised in our customers' purchase orders and identify a performance obligation for each promise to transfer a good or service (or bundle of goods or services) that is distinct.

We offer various forms of trade promotions and the methodologies for determining these provisions are dependent on local customer pricing and promotional practices, which range from contractually fixed percentage price reductions to provisions based on actual occurrence or performance. Our promotional activities are conducted either through the retail trade or directly with consumers and include activities such as in-store displays and events, feature price discounts, consumer coupons, and loyalty programs. The costs of these activities are recognized at the time the related revenue is recorded, which normally precedes the actual cash expenditure. The recognition of these costs therefore requires management judgment regarding the volume of promotional offers that will be redeemed by either the retail trade or consumer. These estimates are made using various techniques including historical data on performance of similar promotional programs. Differences between estimated expense and actual redemptions are recognized as a change in management estimate in a subsequent period.

Comprehensive Income — Comprehensive income includes net income, currency translation adjustments, certain derivative-related activity, and changes in prior service cost and net actuarial gains (losses) from pension (for amounts not in excess of the 10% corridor) and post-retirement health care plans. For foreign investments we deem to be essentially permanent in nature, we do not provide for taxes on currency translation adjustments arising from converting an investment denominated in a foreign currency to U.S. dollars. When we determine that a foreign investment, as well as undistributed earnings, are no longer permanent in nature, estimated taxes will be provided for the related deferred tax liability (asset), if any, resulting from currency translation adjustments.

The following table details the accumulated balances for each component of other comprehensive income, net of tax:

 

 

 

February 23,

2020

 

 

May 26,

2019

 

Currency translation losses, net of reclassification adjustments

 

$

(92.4

)

 

$

(90.9

)

Derivative adjustments, net of reclassification adjustments

 

 

29.9

 

 

 

34.0

 

Pension and post-employment benefit obligations, net of reclassification adjustments

 

 

(9.5

)

 

 

(53.4

)

Accumulated other comprehensive loss

 

$

(72.0

)

 

$

(110.3

)

5


 

The following table summarizes the reclassifications from accumulated other comprehensive loss into income:

 

 

 

Thirteen weeks ended

 

 

Affected Line Item in the Condensed Consolidated

Statement of Earnings1

 

 

February 23, 2020

 

 

February 24, 2019

 

 

 

Net derivative adjustment, net of tax:

 

 

 

 

 

 

 

 

 

 

Cash flow hedges

 

$

(0.9

)

 

$

(0.9

)

 

Interest expense, net

 

 

 

(0.9

)

 

 

(0.9

)

 

Total before tax

 

 

 

0.2

 

 

 

0.3

 

 

Income tax expense

 

 

$

(0.7

)

 

$

(0.6

)

 

Net of tax

Pension and postretirement liabilities:

 

 

 

 

 

 

 

 

 

 

Net prior service cost

 

$

0.2

 

 

$

0.2

 

 

Pension and postretirement non-service income

Net actuarial gain

 

 

(1.1

)

 

 

(0.3

)

 

Pension and postretirement non-service income

Curtailment

 

 

0.2

 

 

 

 

 

Pension and postretirement non-service income

Settlement

 

 

(2.1

)